|Bid||67.44 x 50000|
|Ask||69.08 x 50000|
|Day's range||67.78 - 67.78|
|52-week range||40.12 - 70.48|
|PE ratio (TTM)||12.31|
|Forward dividend & yield||1.80 (2.71%)|
|1y target est||N/A|
Today we’re going to take a look at the well-established NEXT plc (LON:NXT). The company’s stock received a lot of attention from a substantial price increase on the LSE overRead More...
The pound rose to a six-day high on Friday after a Bank of England meeting revived expectations of a rate hike this year, but fears of a breakdown in Brexit talks next week limited sterling's gains. The British currency has struggled through much of June, weighed down by worries about a slowdown in the economy and fraught attempts by British diplomats to secure a deal to exit the European Union in March. Sterling rallied on Thursday, though, when the Bank of England's chief economist unexpectedly voted for an interest rate hike.
British government bonds recorded their biggest daily gains in more than two weeks on Wednesday, with demand bolstered by Brexit uncertainty, soft inflation data and relatively cheap prices that attracted pension funds. Thirty-year gilts led the gains, with yields dropping 5 basis points on the day to 1.81 percent, as the bonds outperformed their U.S. and euro zone peers and yields fell to their lowest since June 6. Ten-year yields dropped 4 basis points on the day to 1.365 percent, on track to close at its lowest since June 5.
The U.S. central bank's staunchest advocate for faster interest-rate hikes is set to regain the power to vote at the Federal Reserve's rate-setting meetings starting next month, but the shift is unlikely to mean faster rate hikes under Chair Jerome Powell. Thanks to a rarely-triggered clause in the Fed's rule book that passes voting rights to an alternate when the designated voter's post is vacant, Kansas City Fed President Esther George will vote on interest-rate decisions once San Francisco Fed President John Williams takes his new job as chief of the New (KOSDAQ: 160550.KQ - news) York Fed, on Monday.
Bosses of private companies such as Sir James Dyson and Sir Philip Green should take account of ordinary workers' pay when awarding themselves lavish remuneration packages, a government-commissioned report will say next week. Sky News has learnt that a review led by James Wates, the chairman of family-owned construction firm Wates Group, will urge unlisted company boards to promote executive remuneration structures aligned to the sustainable long-term success of the business, according to insiders. "Remuneration, including benefits, for directors and senior management should consider the broader operating context of the company, including the pay and conditions of the wider workforce," Mr Wates' review is expected to say.
The dollar rose on Friday after a four-day losing streak, while perceived safe-haven currencies such as the yen gained as investors grew cautious ahead of what is expected to be a contentious G7 meeting ...
Measuring NEXT plc’s (LSE:NXT) track record of past performance is a useful exercise for investors. It enables us to understand whether or not the company has met or exceed expectations,Read More...
The dollar extended gains on Friday but is set for its biggest weekly drop in 11 weeks while perceived safe-haven currencies including the yen and Swiss franc rose as markets shifted to wait-and-watch mode before an event-packed week. Before what is likely to be an acrimonious G7 meeting starts in Canada later in the day, traders cut risky bets after three weeks of gains in equities and higher-yielding assets. Next (Frankfurt: 779551 - news) week's expected hike in U.S. interest rates, a European Central Bank policy meeting and a Brexit bill vote all pose risks for currency traders and could pull currencies out of recent trading ranges.
Britain remains the leading European destination for international tech investors, with UK tech companies attracting almost three times more venture capital investment than any other European country over the past two years, according to a study on Friday. London tech firms are contributing to the growth of the nation's digital economy, accounting for over 80 percent of all venture capital money invested into the UK since the 2016 EU referendum vote, it added. Since the decision to leave the EU, according to figures from London & Partners, British tech companies have received over 5 billion pounds in venture capital funding – more than France (1.55 billion pounds), Germany (2.15 billion) and Sweden (644 mln) combined.
Heinz says it is considering changing the name of Salad Cream for the first time in 104 years... to Sandwich Cream. Its survey suggested that the condiment is popularly paired with tuna, ham or cheese in sandwiches - with many fans regarding it as an alternative to mayonnaise. Joel Hughes from Kraft Heinz (Swiss: KHC.SW - news) said: "We are reviewing the brand's name to reflect how the product is enjoyed by consumers every day, and with the majority usage currently with sandwiches, we can confirm that 'Sandwich Cream' is one of the names being considered.
A Coat of Arms has been created for U.S. actress Meghan Markle, who married Britain's Prince Harry in a lavish ceremony watched by millions last weekend, featuring California's state flower and a blue background to represent the Pacific Ocean. Meghan, who is now officially the Duchess of Sussex, joined Britain's royal family when she wed Harry at Queen Elizabeth's Windsor Castle home last Saturday (Shenzhen: 002291.SZ - news) . Harry's office said on Friday the design for her Coat Of Arms had been approved by his grandmother Queen Elizabeth and Thomas Woodcock, the Senior Herald in England based at London's College of Arms.
British retail sales jumped last month by the most in one-and-a-half years, official figures showed on Thursday, suggesting the economy was recovering from a snowy start to the year. The Bank of England ...
T hree patients infected with the Ebola virus slipped out of an isolation ward at a hospital in Democratic Republic of Congo, health officials said, as medics raced to stop the deadly disease from spreading in the busy river port of Mbandaka. Two patients left the hospital in Mbandaka on Monday night with the help of family members, then headed to a church, the World Health Organization's spokesman in Congo, Eugene Kabambi, told Reuters.
Britain said it was unlikely to refer Comcast (Swiss: CMCSA.SW - news) 's bid for Sky (Frankfurt: 893517 - news) for a lengthy investigation after an initial review found that the $30 billion offer did not raise public concerns about media ownership. Media minister Matt Hancock said however that he would give interested parties until 1700 local time on May 24 to respond before giving his final decision on whether the deal should be examined by British as well as European officials. Sky is at the centre of a bid battle between Comcast, the world's biggest entertainment company, and Rupert Murdoch's Twenty-First Century Fox, which founded the British pay-TV group and already owns 39 percent.
A cafe chain that employs homeless people and runs a scheme to provide free food to rough sleepers has gone a step further, building a village of 11 houses in Scotland. Up to 20 homeless people will be given accommodation in the new village to the north of the Scottish capital Edinburgh built by Social Bite, which was set up in 2012. "Something special has been created," said Angela Constance, the Scottish communities minister at the launch on Thursday.
British retail chain Next (Frankfurt: 779551 - news) has raised its full-year profit target after consumers rushed out to update their wardrobes amid unusually warm weather. Full-year pre-tax profit is expected to come in at £717m, up from the previous estimate of £705m, the company said. "Sales in the first quarter were better than we expected and around £40m ahead of our internal forecast, boosted in recent weeks by unusually warm weather," Next said in a statement.
The UK's top share index hovered around its highest level since end January ahead of a Bank of England meeting which is expected to keep rates on hold, while shares in Royal Bank of Scotland surged after it settled a probe in the United States. By 0823 GMT, the FTSE index rose 0.11 percent at 7,671 points, with gains limited by a heavy drop in BT shares after the phone company reported a disappointing update and announced plans to cut thousands of jobs. Bank of England interest rates looks set to stay on hold on Thursday, after unexpectedly weak economic data and cautious remarks from Governor Mark Carney dashed the chances of what until a few weeks ago looked like a near-certain increase.
The Beast from the East is so last season. As I’ve argued, the prospect of the clement conditions continuing through to June is good news for Britain's beleaguered shops. Next’s upbeat tone bodes well for Marks & Spencer Group Plc, which will report later this month.
The first big consolidation came in June 2015 when TSB, which has 4.5% of the current account market, agreed a £1.7bn takeover by Sabadell, the Spanish lender, barely a year after it had been spun out of Lloyds Banking Group. Next (Frankfurt: 779551 - news) came the £1.1bn deal, in November last year, that saw Aldermore, one of the UK's digital-only players, bought by FirstRand of South Africa.
BT Group (Other OTC: BTGOF - news) has sparked a bitter legal fight with ministers over pension reforms which it claims have increased the burden of one of the biggest retirement scheme liabilities in corporate Britain. Sky News has learnt that BT's lawyers have sent a letter before action to the Treasury to warn that the company will seek a judicial review unless the changes are reversed. The row relates to part of the BT pension scheme which retains a link to Whitehall's civil service scheme, dating back to the period prior to the FTSE-100 telecoms giant's 1980s privatisation.
Tesla shares have plummeted after CEO Elon Musk called an analyst a "boring bonehead" as he answered questions about a record net loss. Shares (Berlin: DI6.BE - news) fell 5% - about £1.8bn - in after-hours trading on Wednesday evening in the seconds after the electric car company chief dismissed Bernstein analyst Tony Sacconaghi's question about capital requirements. Mr Musk, who is also CEO of private aerospace manufacturer SpaceX, had said: "Excuse me, excuse me.
U.S. Treasury yields slid on Thursday, pressured by falls in Europe after a surprising drop in euro zone inflation that could constrain the European Central Bank's efforts to unwind its economic stimulus ...
Tesla shares plummeted after CEO Elon Musk called an analyst a "boring bonehead" as he answered questions about a record net loss. Shares (Berlin: DI6.BE - news) fell 5% - about £1.8bn - in after-hours trading in the seconds after the electric car company chief dismissed Bernstein analyst Tony Sacconaghi's question about capital requirements. Mr Musk, who is also CEO of private aerospace manufacturer SpaceX, said: "Excuse me, excuse me.
U.S. Treasury yields for most maturities fell on Wednesday as a quarterly refunding program that aims to finance the country's massive fiscal deficit came in short of expectations, reducing the pressure on prices caused by the increase in debt supply. Treasury yields had risen overnight in the run-up to the refunding announcement. While the U.S. Treasury did increase the size of the auctions, analysts said the overall outcome was somewhat underwhelming.